Track market-moving stories before they get noisy

The headline numbers for MasterCard (MA) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

, /PRNewswire/ -- National securities litigation law firm Hagens Berman alerts investors in Bank of America Corporation (NYSE: BAC) to a securities class action lawsuit filed in federal court against Bank of America and certain senior executives alleging violations of federal securities laws. The firm urges investors with substantial losses to submit their trading information.

Class Period: Aug. 1, 2025 – Oct. 13, 2026Lead Plaintiff Deadline: Dec. 15, 2026Visit: www.hbsslaw.com/bac Contact Email: [email protected] Direct Firm Phone: 844-916-0895Case Overview & Summary of Allegations

The securities class action lawsuit alleges that throughout the Class Period, Defendants made false and/or misleading statements and failed to disclose material adverse facts regarding Bank of America's compliance controls and regulatory risk exposure. Specifically, Defendants failed to disclose that:

Deficient AML & BSA Compliance Controls: Bank of America maintained deficient Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) monitoring systems, underresourcing compliance functions in favor of revenue generation.Underreported Suspicious Transactions: The Bank failed to detect, track, or report over $5 billion in suspicious transactions to the Financial Crimes Enforcement Network (FinCEN), including over $1 billion tied to high-risk illicit finance.Regulatory & Financial Exposure: As a result of these failures, Bank of America faced immense regulatory enforcement actions and multi-billion-dollar penalties, making its prior statements regarding regulatory compliance, risk management, and internal controls materially false and misleading.The Disclosure & Market Impact

On October 13, 2026, the U.S. Department of the Treasury, FinCEN, and the Office of the Comptroller of the Currency (OCC) announced landmark enforcement actions requiring Bank of America to pay over $1.2 billion in penalties for widespread BSA/AML failures and backlog issues.

Following this disclosure, Bank of America's stock price fell sharply by over 4.8%, closing at $51.39 per share on October 14, 2026, wiping out billions of dollars in market value and causing substantial damages to shareholders.

What Can BAC Investors Do?

If you purchased Bank of America Corporation (NYSE: BAC) shares during the Class Period (August 1, 2025 – October 13, 2026) and suffered losses, you may move the Court to serve as Lead Plaintiff no later than December 15, 2026. A Lead Plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Submit your losses now Learn More: Visit www.hbsslaw.com or contact Reed Kathrein at (844) 916-0895 or via email at [email protected]."We're focused on the apparent disparity between the bank's assurances and the Treasury's revelations," said Reed Kathrein, a Hagens Berman partner.

Whistleblowers: Persons with non-public information regarding Bank of America should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

SOURCE Hagens Berman Sobol Shapiro LLP

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Johnson & Johnson ("J&J" or the "Company") (NYSE: JNJ). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether J&J and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On October 13, 2026, J&J reported its financial results for the third quarter of 2026, which including GAAP net earnings of only $210 million ($0.09 per share) due to multi-billion dollar special charges tied to its ongoing talc litigation settlement. J&J also reported a pronounced, successive revenue miss inside its MedTech business segment, which grew by only 2.5% ($8.64 billion) due to escalating international pricing constraints in China and acute geopolitical disruptions in the Middle East. 

On this news, J&J's stock price fell $15.12 per share, or 5.73%, to close at $248.61 per share on October 13, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

Altria (MO) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.51 per share. This compares to earnings of $1.45 per share a year ago.

Delta (DAL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Ford Motor Company (F +2.97%) reported stronger-than-expected earnings results for its third quarter of the year and also slightly raised its full-year guidance.

The stock popped about 2% on Oct. 28, the day it reported earnings, but is still significantly trailing the broader market this year.

The auto giant reported an operating profit of $2.7 billion, $300 million ahead of Wall Street consensus estimates, while total revenue was $49.5 billion, beating estimates by $1.2 billion.

After raising its full-year guidance for adjusted earnings before interest and taxes (EBIT) in the second quarter, Ford once again raised its full-year EBIT guidance slightly to a range of $10.5 billion to $11 billion. Previously, the range had been $10 billion to $11 billion.

How is Ford's looking after the better-than-expected results?

Image source: The Motley Fool.

Higher commodity costs and continuing to right-size EV businessFord's more traditional automobile segment generated EBIT of nearly $1.4 billion, down about 10% year over year.

Meanwhile, the company's electric vehicle segment generated an EBIT loss of over $1 billion, which is a strong improvement from the same period a year ago. Ford's commercial segment reported EBIT of roughly $1.67 billion, down year over year.

While the stock rose following the earnings report, it may have risen further had it not been for concerns about higher commodity, logistics, and memory costs.

On the company's earnings call, Ford's CFO Sherry House said commodity headwinds are now approaching $2.5 billion year-over-year, due to pressure on input costs, while high gas prices impact the company's freight and energy costs.

F Ford Motor Company$12.31+$0.36 (+2.97%)

NYSE · As of 11:03 AM ET 10/29/26

Furthermore, Ford expects these headwinds, as well as higher memory and logistics costs, to result in a $2 billion headwind in 2027. The company expects earnings in 2027 to be roughly in line with this year.

Ford also continues to make progress right-sizing its EV business. In late 2025, the company announced that it would scale back its money-losing EV business to focus on hybrid and more affordable EVs. Ford recorded a $19.5 billion loss as a result of this decision.

In the third quarter, losses in the EV business narrowed, despite Ford reporting a 31% dip in revenue year over year.

House said on the earnings call that the company is targeting the EV business to breakeven by 2029, although she doesn't expect a linear move to that goal, with higher expenses in 2027 and a "step-function change in profitability" in the first half of 2028.

Is the stock a buyFollowing earnings, Goldman Sachs analyst Mark Delaney lowered his price target by $2 to $12 per share and maintained a neutral rating on the stock, primarily due to the higher, commodity, logistics, and memory costs expected in 2027.

One of the main draws of Ford is the company's roughly 5% trailing 12-month dividend.

Through the first nine months of the year, Ford has generated adjusted free cash flow of nearly $5.7 billion, while paying out about $2.4 billion in dividends.

The company has had to cut its dividend a few times since the Great Recession. The dividend looks safe right now, but the company is still a work-in-progress from an operational perspective, so I'm overall neutral on the stock right now.

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.

The Zacks Premium service makes this easier. It features daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. All of these can help you quickly identify what stocks to buy, what to sell, and what are today's hottest industries.

Also included in Zacks Premium is the Focus List. This is a long-term portfolio of top stocks that have all the traits to beat the market.

Breaking Down the Zacks Focus ListIf you could get access to a curated list of stocks to kickstart your investment portfolio, wouldn't you jump at the chance to take a peek?

Enter the Zacks Focus List. It's a portfolio made up of 50 stocks that are set to beat the market over the next 12 months; each company selected serves as a foundation for long-term investors looking to create an individual portfolio.

What makes the Focus List even more helpful is that each selection is accompanied by a full Zacks Analyst Report, which explains the reasoning behind every stock's selection and why we believe it's a good pick for the long-term.

The portfolio's past performance only solidifies why investors should consider it as a starting point. For 2020, the Focus List gained 13.85% on an annualized basis compared to the S&P 500's return of 9.38%. Cumulatively, the portfolio has returned 2,519.23% while the S&P returned 854.95%. Returns are for the period of February 1, 1996 to March 31, 2021.

Focus List MethodologyWhen stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.

Brokerage analysts are in charge of determining a company's growth and profitability expectations, or earnings estimates. These analysts work together with company management to evaluate all factors that may affect future earnings, like interest rates, the economy, and sector and industry optimism.

What a company will earn down the road also needs to be taken into consideration, and this is why earnings estimate revisions are so important.

Stocks that receive upward earnings estimate revisions are more likely to receive even more upward changes in the future. For example, if an analyst raised their estimates last month, they're more likely to do it again this month, and other analysts are likely to do the same.

Harnessing the power of earnings estimate revisions is where the Zacks Rank comes in. The Zacks Rank, which is a unique, proprietary stock-rating model, employs earnings estimate revisions to make it easier to build a winning portfolio.

The Zacks Rank consists of four main pillars: Agreement, Magnitude, Upside, and Surprise. Each one is given a raw score, which is recalculated every night and compiled into the Rank. Then, stocks are classified into five groups, ranging from "Strong Buy" to "Strong Sell," using this data.

The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts.

Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks offer investors a great opportunity to get into companies whose future earnings estimates will be raised, potentially leading to price momentum.

Focus List Spotlight: Goldman Sachs (GS - Free Report) Founded in 1869, The Goldman Sachs Group, Inc. is a leading global financial holding company providing investment banking (IB), securities, investment management and consumer banking services to a diversified client base. The company is headquartered in New York, with offices in major financial centers globally.

On July 11, 2018, GS was added to the Focus List at $226.85 per share. Shares have increased 307.83% to $925.17 since then, and the company is a #2 (Buy) on the Zacks Rank.

For fiscal 2026, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $2 to $70.89. GS boasts an average earnings surprise of 25.8%.

Earnings for GS are forecasted to see growth of 38.1% for the current fiscal year as well.

Reveal Winning StocksUnlock all of our powerful research, tools and analysis, including the Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium. You'll quickly identify which stocks to buy, hold and sell, and target today's hottest industries, to help improve the performance of your portfolio. Gain full access now >>

Xerox Holdings Corporation (XRX - Free Report) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to earnings of $0.2 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +185.71%. A quarter ago, it was expected that this company would post earnings of $0.06 per share when it actually produced earnings of $0.36, delivering a surprise of +500%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Xerox, which belongs to the Zacks Office Supplies industry, posted revenues of $1.87 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 0.21%. This compares to year-ago revenues of $1.96 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Xerox shares have added about 17.7% since the beginning of the year versus the S&P 500's gain of 13.1%.

What's Next for Xerox?While Xerox has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Xerox was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.27 on $1.96 billion in revenues for the coming quarter and $0.17 on $7.59 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Office Supplies is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the broader Zacks Industrial Products sector, LiqTech International, Inc. (LIQT - Free Report) , is yet to report results for the quarter ended September 2026.

This company is expected to post quarterly loss of $0.06 per share in its upcoming report, which represents a year-over-year change of +60%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

LiqTech International, Inc.'s revenues are expected to be $6 million, up 57.5% from the year-ago quarter.

While the top- and bottom-line numbers for Norwegian Cruise Line (NCLH) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Mercado Bitcoin has added Sui network support for SUI, USDC and USDsui, giving its 4.5 million Brazilian clients transfers, custody and USDsui as lending collateral.

Mercado Bitcoin, one of Latin America's largest crypto exchanges, has added support for the Sui network, making it the first Brazilian exchange to offer Sui transfers. Crypto Briefing reported that the platform's 4.5 million clients in Brazil can now move assets on the network. The announcement came on October 29, 2026.

@SuiNetwork confirmed the adoption by @MercadoBitcoin, which now supports trading, transfers, and borrowing and lending of $SUI as collateral.

What the Integration CoversThe rollout starts with three assets: the SUI token, USDC, and USDsui, which also goes by the Sui Dollar. Custody and transfers are supported for all three, including $USDC and the native dollar-denominated token, USDsui. According to Crypto Briefing, clients can send and receive them directly over the Sui network rather than only trading them inside the exchange.

USDsui may be the most immediately practical addition. Mercado Bitcoin says the stablecoin can be used right away as collateral in its lending products, per the same report.

The integration grows out of an ongoing collaboration between Mercado Bitcoin, Mysten Labs and the Sui Foundation. Mysten Labs is the company behind Sui's development, while the Sui Foundation supports the network's ecosystem. The stated goal is to make Sui-based finance easier to reach in Brazil, which the partners treat as a key market in South America.

Mercado Bitcoin's Position in BrazilMercado Bitcoin was founded in 2013 and is headquartered in São Paulo, where Coinranking describes it as the largest cryptocurrency exchange in Brazil. The same profile notes it was the first crypto platform in Latin America to obtain a payment institution license from Brazil's central bank, in June 2023.

The exchange has added other blockchain networks in recent years. In December 2024, crypto.news reported that it integrated INJ, the native token of the Injective blockchain, and was among the first exchanges to list Ripple's RLUSD stablecoin. In July 2025, CoinDesk reported that it planned to tokenize more than $200 million in real-world assets on the XRP Ledger.

Crypto Briefing described the Sui move as less a simple token listing and more an early step in a broader plan to place several of the exchange's product lines on Sui.

SourcesCrypto Briefing: Mercado Bitcoin opens Sui asset transfers to its 4.5 million clients in Brazil

Coinranking: Mercado Bitcoin exchange profile

CoinDesk: Mercado Bitcoin to tokenize $200M in real-world assets on XRP Ledger

Table of contents

The XRP Ledger Foundation said on October 28 that Flare has joined the recommended validator list it publishes. In its post on X, the Foundation said Flare shares the ledger’s core values, takes part in governance and contributes to the wider ecosystem. Flare replied within minutes. It said it’s now a trusted XRPL validator and called itself “one more operator for a ledger that runs on many.” About two minutes after its first post, the Foundation added that Anodos Finance came off the list at its own request, as Anodos retires its XRPL validator by the end of the month.

We welcome @FlareNetworks to the recommended XRP Ledger validator list published by the XRPL Foundation.

Flare aligns with the core values of the @XRP Ledger, is actively participating in governance, and contributes to the broader ecosystem. pic.twitter.com/PINnUvlYHN

— XRP Ledger Foundation (@XRPLF) October 28, 2026XRPL’s documentation defines a unique node list as the validators a server trusts not to collude. The default configuration uses two such lists, one from the Foundation and one from Ripple, and the docs say they’re typically very similar or even identical. On October 29, XRPScan listed 174 validators, yet only 35 sat on the UNL. That’s a small roster. The table showed a validator at xrpl-verification.flare.network among them, with anodos.finance outside the UNL. Coverage in September and early October also counted 35 trusted validators, so the change looks like a swap, not an expansion. The timing lines up with Anodos shutting its node down.

Why one seat mattersSeats matter because of how the ledger changes its rules. An amendment has to keep support from more than 80% of trusted validators for two weeks before it activates, the XRPL docs say. PermissionDelegationV1_1 cleared that mark and went live on October 8. Others haven’t yet. XRPScan’s amendment tracker, checked the same day, showed LendingProtocolV1_1, which arrived with xrpld 3.4.0, at 18 of 34 validators in its count, with SingleAssetVault at 20 and ConfidentialTransfer at 19. At those margins, each operator’s vote is worth watching.

Flare’s stake in XRP DeFiFlare is an EVM Layer 1 whose XRP strategy centers on FXRP, a token that XRP holders can mint one to one for use in DeFi. FXRP went live on mainnet on September 24, 2025. Flare’s one-year update put minted FXRP at roughly 145 million, according to a late-September report. In July, co-founder and CEO Hugo Philion presented a six-month roadmap meant to make Flare a programmable layer for the XRPL and to link XRP holdings with decentralized finance apps, Börse Express reported.

Flare’s roadmap already touches the amendment queue. In September, CoinTurk reported that Philion outlined a plan to let users borrow RLUSD against XRP through Flare smart accounts, with the stablecoin delivered on the XRPL itself. The plan, per the report, depends on validators approving the Permission Delegation amendment. That amendment has since activated. The validators Flare is joining have already voted on a feature its plans need.

Who is affected and what’s still openOperators who follow the Foundation’s list feel the change first. Their servers weigh votes from this roster. Anyone tracking the lending and vault amendments is watching the same count, now with one new name among the voters. None of the three posts ties the move to FXRP or any other Flare product.

The ledger itself is changing. Votes don’t always keep pace. XRPL has spent 2026 shipping DeFi tools, from lending code to delegated permissions, and every one needed a validator vote. In July, BlockchainReporter reported that a new release had majority validator support while a separate security amendment trailed on its own vote. That’s why the roster matters more as the ledger takes on DeFi. XRPScan’s table already mixes universities, exchanges such as Bitso and Bitrue, and ecosystem firms like GateHub and Bithomp. Flare adds a Layer 1 network’s own validator to that group.

Plenty is still unclear. The Foundation’s posts don’t say when servers will pick up the change, which checks Flare passed or how long its validator has been running. The XRPL docs say each publisher can set its own criteria, though typical ones include a year of high uptime, domain verification and a separate physical location, and operators may interview candidates before listing them. Whether Ripple’s list will follow isn’t known, since the Foundation’s post covers only its own. Neither does Flare’s reply say how it will vote on the pending proposals. And a single vote can’t carry an amendment that needs support from more than 80% of the list.

The next signals are concrete: a note from the Foundation on when the change reaches servers, whether Ripple’s list adds Flare, and where Flare’s validator lands on the lending and vault votes if those proposals near the 80% line.

AUTHOR

Jide Idowu is a skilled freelance writer with expertise in blockchain technology, cryptocurrency, and digital finance. Known for his ability to break down complex topics into clear, engaging content, Jide crafts articles, blog posts, and analyses that resonate with both beginners and seasoned professionals. His work spans a wide range of subjects, from emerging crypto trends to in-depth explorations of blockchain innovations. With a keen eye for detail and a passion for educating readers, Jide is a reliable voice in the rapidly evolving world of digital assets.

The global flu and COVID-19 markets have a current combined value that exceeds $10 billion, with significant burden of disease1The combination vaccine candidate evaluated in this trial pairs Sanofi's leading high-dose flu vaccine with Novavax's differentiated COVID-19 vaccineSignificant potential value remains in Sanofi partnership via additional future opportunities for milestones and royalties, /PRNewswire/ -- Novavax (Nasdaq: NVAX) has earned a $125 million milestone payment with the initiation (fifth patient dosed) of Sanofi's Phase 3 influenza-COVID-19 combination vaccine trial utilizing Novavax's COVID-19 vaccine, Nuvaxovid™. Sanofi's Phase 3 trial, being conducted in Europe, is assessing the safety and immunogenicity of Nuvaxovid in combination with Sanofi's marketed Efluelda/Fluzone® High-Dose vaccine in adults aged 60 and older.

"Novavax and Sanofi continue to successfully execute on the opportunities afforded by our partnership. To date, the partnership has generated over $1 billion in revenue for Novavax,"2 said John C. Jacobs, President and Chief Executive Officer, Novavax. "Sanofi has stated that they intend to be one of the first movers in the combination vaccine segment, and Novavax believes this is an important step toward that goal. We are excited about the value we are building together with our partners."

Under the collaboration and license agreement, for Nuvaxovid, Novavax is eligible to receive royalties on Sanofi sales and a $75 million milestone payment upon the successful completion of the manufacturing technology transfer anticipated in mid-2027. Novavax is also eligible to receive an additional milestone of $225 million upon a U.S. launch of an influenza-COVID-19 combination vaccine following successful completion by Sanofi of all clinical and regulatory requirements in the U.S. The agreement also includes royalties for any combination products developed by Sanofi using Nuvaxovid and milestones plus royalties for any new vaccines created by Sanofi utilizing Novavax's Matrix-M® adjuvant.  

About Novavax
Novavax, Inc. (Nasdaq: NVAX) tackles some of the world's most pressing health challenges with its scientific expertise in vaccines and its proven technology platform, including its Matrix-M adjuvant and protein-based nanoparticles. The Company's corporate growth strategy is designed to deliver value via three key strategic pillars: partnering its technology, capital-efficient R&D innovation and a lean and efficient operating model. This includes maximizing impact through partnerships for its marketed products (Nuvaxovid™, R21/Matrix-M™), Matrix technology and R&D assets. Please visit novavax.com and LinkedIn for more information.

Forward-Looking Statements
Statements herein relating to the future of Novavax, its operating plans and prospects, the possible achievement of additional milestones or receipt of milestone payments or royalties under the CLA, future marketing initiatives and the potential development and commercialization of Sanofi combination products, and efforts to pursue additional partnerships, are forward-looking statements. Additional clinical studies may be required to support regulatory filings in the U.S. market for the combined influenza-COVID-19 program. The U.S. may have different regulatory requirements from other markets. Novavax cautions that these forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, without limitation, challenges related to Novavax's partnership with Sanofi and in pursuing additional partnership opportunities; challenges satisfying, alone or together with partners, various safety, efficacy and product characterization requirements, necessary to satisfy applicable regulatory authorities; difficulty obtaining scarce raw materials and supplies; resource constraints, including human capital and manufacturing capacity, on the ability of Sanofi to pursue planned regulatory pathways; challenges or delays in clinical trials; manufacturing, distribution or export delays or challenges; Novavax's exclusive dependence on Serum Institute of India Pvt. Ltd. for co-formulation and filling and the impact of any delays or disruptions in their operations on the delivery of customer orders; and those other risk factors identified in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Novavax's Annual Report on Form 10-K for the year ended December 31, 2025, and subsequent Quarterly Reports on Form 10-Q, as filed with the Securities and Exchange Commission (SEC). We caution investors not to place considerable reliance on forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at www.sec.gov and www.novavax.com, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of the statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.

Contacts:

Investors
Naina Zaman
240-410-5353
[email protected]

Media
Yvonne Sprow
240-720-7804
[email protected]

References

2025 Flu and COVID-19 global market revenues based on revenue disclosures from the primary market participants in their SEC filings.Novavax revenue recognized from upfront payments, milestones, R&D reimbursement and royalties through 6/30/2026 plus achievement of the $125 million CIC Phase 3 milestone in November 2026.
SOURCE Novavax, Inc.

Moderna (MRNA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Get a deeper insight into the potential performance of Shopify (SHOP) for the quarter ended September 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

Get a deeper insight into the potential performance of Teva Pharmaceutical Industries (TEVA) for the quarter ended September 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

Get a deeper insight into the potential performance of Pfizer (PFE) for the quarter ended September 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

Three household names have paid dividends for decades, and a closer look at their current yields reveals how much passive income a fixed lump sum can quietly generate each quarter without selling a single share.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

For anyone at or near retirement, the useful question about a portfolio comes down to the cash it pays each quarter without selling a single share. Household-name companies with decades of continuous dividends give a clear answer, and you can check the math line by line.

A $100,000 stake in each of these three dividend payers would produce the following. Spread across Home Depot (NYSE:HD | HD Price Prediction), IBM (NYSE:IBM) and McDonald’s (NYSE:MCD), a total of $300,000 yields over $8,500 in income each year at current forward yields. All three companies pay quarterly, and each has raised its payout over time.

IBM: A Dividend Streak Dating to 1916

Stock #3: IBM
Forward Yield: 2.67%
Shares for $100,000: 394.9
Annual Passive Income: ~$2,669.62

IBM sells software, infrastructure, and consulting to large enterprises, and Red Hat and its data business support a recurring revenue base that grew 8% to $24.9 billion. The yield comes from a mature, cash-heavy business that pays out a large share of its profits, with the forward dividend at $6.76 per share and the stock at $253.22.

The payout appears well covered. The dividend uses about 58% of trailing EPS of $11.72. IBM generated about $8 billion of free cash flow through nine months and paid out $4.8 billion in dividends, around 60% of that cash. Management lifted the full-year free cash flow growth outlook to more than $1 billion, and IBM has paid quarterly dividends every year since 1916. The main risk is leverage: total debt reached $63.8 billion after $11.4 billion in acquisitions so far in 2026.

Home Depot: Dividend Growth Despite a Frozen Housing Market

Stock #2: Home Depot
Forward Yield: 2.93%
Shares for $100,000: 314.9
Annual Passive Income: ~$2,934.88

Home Depot is the largest home improvement retailer in the U.S., and it also supplies contractors through SRS Distribution’s 1,340+ locations. Its yield sits near 3% because the stock trades at $317.56, well below its 52-week high of $389.18, while the forward payout stands at $9.32 per share.

The dividend takes about 65% of trailing EPS of $14.29. Home Depot paid approximately $2.3 billion in dividends in its second quarter, and the quarterly rate rose from $2.25 in 2024 to $2.30 in 2025 and $2.33 in 2026. The risk is housing. Chief financial officer Richard McPhail said on the August call, “there’s just no sign of an inflection point at this moment,” and full-year EPS guidance calls for flat to 4% growth.

McDonald’s: A Freshly Raised Payout Leads the Group

Stock #1: McDonald’s
Forward Yield: 3.08%
Shares for $100,000: 399.2
Annual Passive Income: ~$3,081.84

McDonald’s makes most of its money collecting rent and royalties from franchisees, with franchised revenue of $4.39 billion in the second quarter. That model produces a trailing operating margin of 46.5%. The forward yield rose because the board lifted the quarterly dividend to $1.93 from $1.86, a 3.8% raise, while shares at $250.50 trail the 52-week high of $335.18.

The $7.72 forward dividend uses about 62% of trailing EPS of $12.36, and the company still bought back 3.0M shares for $858M in the second quarter. The risk is U.S. traffic: domestic comparable sales rose just 0.8%, and management said July turned slightly negative.

How the $300,000 Portfolio Pays Out

Name
Forward Yield
Annual Dividend Income

IBM
2.67%
$2,669.62

Home Depot
2.93%
$2,934.88

McDonald’s
3.08%
$3,081.84

Total
2.90%
$8,686.33

Together, these 3 positions yield $8,686.33 in income each year on a $300,000 investment, a combined yield of 2.90%. McDonald’s contributes $3,081.84, Home Depot adds $2,934.88, and IBM chips in $2,669.62.

All three companies have raised their payouts over the years, so this income can grow without any new money going in. For a retiree, that matters as much as the starting yield: a check that rises faster than prices helps protect spending power, and reinvesting even part of it buys more shares that pay their own dividends (that compounding, without ever selling a share, is the whole point of the dividend ladder we laid out in a free guide here).

Contact [email protected] for any questions or corrections.

Phillips 66 delivers strong Q3 2026 earnings, fueled by refining gains, while advancing midstream expansion, debt reduction and major pipeline investments.

Norwegian Cruise Line just posted a quarter that surprised Wall Street and sent its stock surging, but the company still lags far behind its rivals and faces a Q4 loss. Here is what the results reveal about whether this turnaround…

A better-than-expected quarter from Norwegian Cruise Line Holdings (NYSE:NCLH | NCLH Price Prediction) suggests its turnaround is gaining traction, and the beat is lifting the whole cruise group even though the company starts from a much weaker position than its rivals. Norwegian stock is at $17.87, up 11%, as trading gets underway.

Among Norwegian’s peers, Royal Caribbean Group (NYSE:RCL) stock is at $306.82, up 3%, while Carnival (NYSE:CCL) is at $28.74, up 2%.

Norwegian Beats Estimates and Raises Its Full-Year Outlook
Before the open on October 29, Norwegian reported Q3 2026 adjusted earnings of $1.12 per share, exceeding the Wall Street analysts’ consensus of $0.94. Revenue came in at $2.95 billion, essentially flat from a year earlier and ahead of the Wall Street analysts’ consensus of $2.88 billion.

Norwegian’s adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) reached $937 million, above the company’s own $874 million guidance, helped by stronger-than-expected close-in demand, onboard spending and cost discipline. Net yield, a measure of revenue per passenger day, fell 6.7% in constant currency at Norwegian, a smaller decline than the 8.9% drop the company had guided.

Looking ahead, Norwegian raised its full-year outlook to about $2.55 billion in adjusted EBITDA and about $1.70 in adjusted earnings per share. Net yield growth of 1% to 2% is forecast for 2027, with acceleration in the second half. CEO John W. Chidsey framed the results as part of a broader restructuring: “As we implement the next phase of our turnaround, we are focused on sharpening Norwegian Cruise Line’s brand positioning, improving marketing effectiveness and taking a more disciplined approach to revenue management.”

Norwegian also identified about $100 million in additional run-rate savings from guest and crew air travel. Q4 2026 guidance is softer, with the company calling for about $414 million in adjusted EBITDA and an adjusted loss of about $0.12 per share. On the leadership side, Chief Strategy Officer Meghan Montana will become Norwegian’s CFO on January 1, 2027, replacing Mark A. Kempa.

Why Norwegian Is Starting From Behind Royal Caribbean and Carnival
Even after the jump, Norwegian stock is down 21% year to date (YTD), while Royal Caribbean stock is up 12%. Over the same stretch, Carnival stock is down 4%. That gap shows Norwegian is a turnaround still working through yield declines, while Royal Caribbean has been the group’s strongest performer, so the same session means different things for each.

Royal Caribbean and Carnival posted smaller gains. Both appear to track Norwegian’s report, with traders treating the beat as a read on cruise demand across the group.

At Norwegian, the mass-market Norwegian Cruise Line brand sits alongside upper-premium Oceania Cruises and luxury Regent Seven Seas Cruises, plus the Great Stirrup Cay private island. Larger rival Royal Caribbean pairs its namesake line, Celebrity and Silversea with private destinations such as Perfect Day and a push into all-inclusive resorts. Carnival is the biggest operator, running nine brands that include Princess, Holland America, Costa and AIDA alongside its Celebration Key private destination.

Can Norwegian Turn Early Progress Into 2027 Yield Growth?
Norwegian still needs to show that net yield growth arrives in 2027 as guided, since the company’s outlook leans on a stronger back half. Montana’s move into the finance chief role is another checkpoint for Norwegian. Cost progress matters too, because the company needs its air-travel savings to support margins even as fuel prices net of hedges rose to $819 per metric ton from $744 in the quarter.

A quarter that beat Norwegian’s own targets and a turnaround plan that’s starting to show results give bulls something to cheer. On the other side, the company still expects a Q4 loss, its booked position for the first half of 2027 trails last year’s, and its net leverage stands at 5.5x. Investors may want to track whether Norwegian’s 2027 yield recovery takes hold before drawing firm conclusions.

Contact [email protected] for any questions or corrections.

, /PRNewswire/ -- A2Gold Corp. ("A2Gold" or the "Company") (TSX-V: AUAU) (OTCQX: AUXXF) (FRA: RR7) is pleased to announce that it has entered into a definitive Mining Property Purchase and Sale Agreement (the "Definitive Agreement") with Super Gold Mining Corp. ("Super Gold") for the sale of a 100% interest in the Bolo Gold Project ("Bolo" or the "Project"), located in Nye County, Nevada.  The Project comprises 187 unpatented lode mining claims together with the Uncle Sam patented mining claim.

The transaction is consistent with A2Gold's strategy of focusing its capital and technical resources on its core Eastside and Taylor projects while monetizing non-core assets in a manner that preserves meaningful exposure to future success.

Under the Definitive Agreement, upon Closing A2Gold will receive:

C$1.5 million in Super Gold common shares, consisting of 3,750,000 shares at a deemed value of C$0.40 per share;Replacement by Super Gold of approximately US$198,500 in reclamation bonding, allowing A2Gold's existing reclamation funds to be released;Up to C$2.4 million in cumulative mineral resource milestone payments based on the size of future gold-equivalent mineral resources defined at Bolo; andAn additional C$400,000 payment upon completion of a qualifying Preliminary Economic Assessment ("PEA").A2Gold CEO Peter Gianulis commented: "The sale of Bolo monetizes a non-core asset, releases capital tied up in reclamation bonding and preserves exposure to its future success through an equity position in Super Gold and up to C$2.8 million in additional payments. The transaction positions Bolo for advancement by a group committed to funding the Project, while allowing A2Gold to focus on Eastside and Taylor, where we see the greatest opportunity to create shareholder value."

Transaction Terms
At Closing, Super Gold will issue A2Gold 3,750,000 common shares at a deemed price of C$0.40 per share, representing an aggregate deemed value of C$1.5 million.  Super Gold has also agreed to replace the existing reclamation bonding, totaling approximately US$198,500, associated with Bolo and to reimburse claim maintenance fees paid for the current year.

The consideration shares will be subject to contractual resale restrictions, with 25% released upon completion of Super Gold's Going Public Transaction and additional 25% tranches released six, twelve and eighteen months thereafter, subject to applicable securities laws and exchange requirements.

Super Gold has agreed to use commercially reasonable efforts to complete a Going Public Transaction within twelve months following Closing and no later than eighteen months following Closing, subject to the extension provisions contained in the Definitive Agreement.

If Super Gold has not completed a Going Public Transaction within twelve months of Closing, A2Gold will be entitled to a C$200,000 cash payment.

If Super Gold has not completed a Going Public Transaction within eighteen months of Closing, A2Gold may, subject to the terms and cure provisions of the Definitive Agreement, elect to require the re-conveyance of Bolo.

Milestone Payments
Super Gold is required to engage an independent Qualified Person and complete the exploration and technical work reasonably required to support an initial NI 43-101 mineral resource estimate for Bolo within two years of Closing.

During the applicable milestone period, A2Gold will be entitled to cumulative payments based on gold-equivalent ounces identified in one or more future mineral resource estimates at Bolo:

200,000 – 399,999 AuEq ounces: C$500,000400,000 – 599,999 AuEq ounces: C$800,000600,000 – 799,999 AuEq ounces: C$1,100,000800,000 – 999,999 AuEq ounces: C$1,500,0001,000,000 AuEq ounces or greater: C$2,400,000Furthermore, if a future PEA incorporates at least 200,000 gold-equivalent ounces and meets the economic thresholds established in the Definitive Agreement, A2Gold will be entitled to an additional C$400,000 PEA Payment.

Protection Upon a Future Sale of Bolo
The Definitive Agreement contains provisions protecting A2Gold's deferred consideration in the event Bolo is subsequently sold or otherwise monetized.

If, during the milestone period, Super Gold enters into a qualifying transaction involving Bolo with aggregate consideration attributable to the Project of C$25 million or more, the maximum C$2.4 million mineral resource milestone and C$400,000 PEA payment will be deemed earned, with A2Gold entitled to receive the unpaid balance of the aggregate C$2.8 million.

The Definitive Agreement also contains protections relating to certain sales or dispositions of Bolo during the initial two-year period following Closing.

Closing
Closing is expected to occur within the next few weeks, subject to satisfaction or waiver of certain conditions, including but not limited to the following:

Establishment and acceptance of replacement reclamation bonding and confirmation of the release of A2Gold's existing reclamation bond;Approval of the transfer of the applicable Plan of Operations to Super Gold's U.S. subsidiary or its designated operator;Delivery of the agreed Cordex estoppel certificate; andCompletion of customary title and closing documentation.About A2Gold Corp

A2Gold Corp. has built a multi-asset gold-silver exploration platform in Nevada, one of the world's premier mining jurisdictions. The Company controls approximately 230 km² of prospective mineral tenure across its Eastside and Taylor projects, both district-scale assets with large precious metals resources with significant exploration and resource growth potential. 

Eastside hosts an inferred mineral resource of 1.4 million ounces of gold and 8.8 million ounces of silver*, while Taylor adds a highly prospective exploration district with gold, silver, antimony and porphyry-skarn upside. Backed by a fully funded exploration program and a strong pipeline of catalysts, A2Gold is focused on unlocking value through resource expansion, new discoveries and systematic district-scale exploration. 

A2Gold is also supported by a strong shareholder base, including Kinross Gold Corporation, which owns approximately 9.9% of the Company's issued and outstanding shares.

* Updated Resource Estimate and NI 43-101 Technical Report, Eastside and Castle Gold-Silver Project Technical Report, Esmeralda County, Nevada, prepared by Mine Development Associates of Reno, Nevada, with an effective date of July 30, 2021. Pit-constrained Inferred Resources, using a cut-off grade of 0.15 g/t Au, total 61,730,000 tonnes grading 0.55 g/t Au and 4.4 g/t Ag at the Original Pit Zone, representing 1,090,000 ounces of gold and 8,700,000 ounces of silver, and 19,986,000 tonnes grading 0.49 g/t Au at the Castle Area, representing 314,000 ounces of gold, using a gold price of US$1,725/ounce. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves.

On Behalf of the Board
Peter Gianulis, CEO

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Certain statements and information contained in this press release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which are referred to collectively as "forward-looking statements". The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. A2Gold Corp.'s ("A2Gold") exploration plans for its gold exploration properties, the drill program at A2Gold's Eastside project, the preparation and publication of an updated resource estimate in respect of the Original Zone at the Eastside project, A2Gold's future exploration and development plans, including anticipated costs and timing thereof; A2Gold's plans for growth through exploration activities, acquisitions or otherwise; and expectations regarding future maintenance and capital expenditures, and working capital requirements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements are described in the sections entitled "Risk Factors" in A2Gold's Listing Application, dated January 24, 2018, as filed with the TSX Venture Exchange and available on SEDAR under A2Gold's profile at www.sedar.com. Actual results and future events could differ materially from those anticipated in such statements. A2Gold undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

SOURCE A2 Gold Corp

Investors in Kinross Gold Corporation (KGC - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 30, 2026 $33 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Kinross Gold shares, but what is the fundamental picture for the company? Currently, Kinross Gold is a Zacks Rank #4 (Sell) in the Mining – Gold industry that ranks in the Bottom 23% of our Zacks Industry Rank. Over the last 30 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 59 cents per share to 53 cents in that period.

Given the way analysts feel about Kinross Gold right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Baidu, Inc. ("Baidu" or the "Company") (NASDAQ: BIDU).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

The class action concerns whether Baidu and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

You have until November 13, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Baidu securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com. 

[Click here for information about joining the class action]

On February 26, 2026, before the market opened, Baidu reported fourth quarter and full year 2025 financial results, allegedly revealing that total revenue fell more than 4% year over year for the fourth quarter to RMB32.74 billion (or $4.68 billion) and fell more than 3% year over year for the full year to RMB129.079 billion (or $18.458 billion).  Baidu management assured investors that its "AI-Powered Business" grew 48% year over year to RMB40 billion for fiscal year 2025, mitigating this transition.

On this news, Baidu's American Depositary Receipt ("ADS") price fell $7.50, or 5.65%, to close at $125.15 on February 26, 2026. 

Then, on August 18, 2026, before the market opened, Baidu reported second quarter 2026 financial results, revealing that Baidu General Business revenue fell 4% year over year to RMB25.2 billion (or $3.71 billion), with Legacy Business revenue falling 23% year over year to RMB10.4 billion and total Online Marketing Services revenue falling 19% year over year to RMB13.1 billion.  Baidu disclosed that the Baidu Core AI-powered business fell 8% quarter over quarter to RMB12.5 billion (or $1.86 billion), its year-over-year growth having decelerated from 49% in the first quarter of 2026 to 25%, and its largest component, AI Cloud Infra, having fallen 17% quarter over quarter from RMB8.8 billion to RMB7.3 billion. 

On this news, Baidu's ADS price fell $13.25, or 12.73%, to close at $90.87 on August 18, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising.  Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

LOS ANGELES, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Baidu, Inc. (“Baidu” or “the Company”) (NASDAQ: BIDU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of BIDU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: November 18, 2025 to August 17, 2026

DEADLINE: November 13, 2026

If you are a shareholder who suffered a loss, click here to participate.

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Baidu overstated the ability of its AI business to cover the rapid decline in its legacy marketing business. The Company was likely to suffer a decline in revenue. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Baidu, investors suffered damages.

We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

Join the case to recover your losses

WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE:

Schall, Brown & Schwartz LLP

TMUS raises its 2026 profit and cash flow outlook on strong account growth and premium-plan adoption, while broadband expansion and AI fuel future opportunities.

Caterpillar (NYSE:CAT | CAT Price Prediction) stock was priced for a raise, but traders don’t always get what they expect. Booming data center power sales and an earnings beat couldn’t rescue Caterpillar as the company offered only a moderate outlook.…

Caterpillar (NYSE:CAT | CAT Price Prediction) stock was priced for a raise, but traders don’t always get what they expect. Booming data center power sales and an earnings beat couldn’t rescue Caterpillar as the company offered only a moderate outlook. Caterpillar stock is at $661 in morning trading, down 7%.

Elsewhere in the machinery sector, Deere (NYSE:DE) stock is at $644, up 0.46%. PACCAR (NASDAQ:PCAR) stock is at $102, down 0.61%.

Caterpillar Beats Estimates but Guides to Moderate Growth
Caterpillar reported Q3 2026 adjusted earnings of $7.20 per share on October 29, topping the $7.03 consensus of Wall Street analysts. Revenue at Caterpillar rose 17% to $20.68 billion, in line with the $20.69 billion consensus of Wall Street analysts.

Power and energy sales at Caterpillar rose 18%, while power generation sales jumped 30% on turbines, related services and large reciprocating engines used mainly in data centers. Chairman and CEO Joe Creed noted that the company is “now taking some large reciprocating orders as far out as 2029 and turbine orders into 2030.”

Construction industries sales at Caterpillar gained 18%, and resource industries sales grew 15%. Margins expanded as well, with Caterpillar’s operating margin reaching 20.4% from 17.3%, though operating profit included $128 million in tariff recoveries. In the company’s release, Creed stated, “Our third-quarter results reflect the durability of our end markets, with strong order rates and a record backlog.”

Caterpillar expects “moderate sales growth versus the prior year,” for the fourth quarter. Chief Financial Officer Kyle Epley said the consensus of Wall Street analysts called for fourth-quarter revenue of $21.42 billion. On top of that, Caterpillar had already indicated a fourth-quarter dealer inventory reduction of more than $1 billion. Creed spoke further. He added, “We haven’t really changed our view for what we plan to do in the fourth quarter.” Results from megacap tech companies this week also renewed worries about the pace of artificial intelligence (AI) data center spending, weighing on AI-linked industrials such as Caterpillar.

Caterpillar Moves Apart From Its Machinery Peers
Caterpillar stock is still up 16% year to date (YTD) despite the drop. The valuation set up the correction, since Caterpillar traded at 25x forward earnings at the prior close, well above its five-year average of 19x. A stock priced that high leaves little room for a merely moderate quarter.

Deere, up 39% YTD, and PACCAR, down 6% YTD, are barely moving. Farm machinery drives much of Deere’s business, while PACCAR builds Kenworth, Peterbilt and DAF trucks tied to the freight cycle. Both companies sit largely outside the data center power trade. Caterpillar’s mix blends construction and mining equipment with turbines and engines that keep data centers running, which ties the stock more closely to AI spending sentiment. That leaves Deere well ahead of Caterpillar for the year, while PACCAR trails both.

Among power-equipment makers, Cummins (NYSE:CMI) stock is at $520, down 2%. So far this year, Cummins has gained 3%, trailing Caterpillar. Cummins makes engines and power generation equipment, which makes it a close business match for Caterpillar’s power unit.

Generac Holdings (NYSE:GNRC) stock is at $210, up 4%. Shares of Generac are up 54% YTD, the strongest showing in the group. With Generac rising, Caterpillar’s selloff looks tied to its own valuation and outlook, while data center power demand across the sector appears intact.

Caterpillar’s First 2027 Outlook Is the Next Big Test
Caterpillar’s next test is whether its first look at 2027, expected with its fourth-quarter results, shows power generation growth strong enough to support the stock’s premium. Capacity sets the pace there, and Caterpillar management asserted there’s “no slack in the system” as production ramps. A second test for Caterpillar is whether the fourth-quarter dealer destocking passes as planned. Creed noted the company still expects to finish the year with more construction dealer inventory than a year earlier, ahead of expected strong 2027 demand.

The bulls point to Caterpillar’s record $78 billion backlog and the $1.9 billion the company returned to shareholders, including $1.2 billion in buybacks and $700 million in dividends at Caterpillar. But Caterpillar’s premium multiple leaves room for further disappointment if AI spending cools or tariff and freight costs keep pressuring margins.

The data center expansion still needs power, cooling and turbines from somebody, and we rounded up seven suppliers behind the AI boom (chipmakers excluded) in a free report here. Investors could keep researching Caterpillar’s power generation capacity and dealer inventory trends as the debate over its 2027 outlook plays out.

Contact [email protected] for any questions or corrections.